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Bio & PharmaIMM PE seeks to sell Korean contract drugmaker at $784 mn
IMM Private Equity has put a South Korean contract drugmaker on the market for up to 1 trillion won ($784 million) in a deal lik...
Jul 31, 2023 (Gmt+09:00)
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Shipping & ShipbuildingKorea's HD KSOE to buy 35% stake in marine engine maker STX
HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) is slated to acquire STX Heavy Industries Co. to make large engines ...
Jul 31, 2023 (Gmt+09:00)
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Leadership & ManagementCosmetics giant Amorepacific hints at succession plan change
South Korean cosmetics powerhouse Amorepacific Group Inc. is giving signs of changing its succession plans as Suh Min-jung, Chai...
Jul 31, 2023 (Gmt+09:00)
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RegulationsFractional investing to gain traction in Korea with green light from FSC
Come September, South Korean investors will be able to freely and safely buy and sell fractions of artwork and even live cows ju...
Jul 31, 2023 (Gmt+09:00)
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EntertainmentSeoul mulls ‘treble damages’ for illegal K-content websites
The South Korean government and the ruling People Power Party are considering tripling punitive damages to illegal distributors ...
Jul 31, 2023 (Gmt+09:00)
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Bio & PharmaGencurix joins US gov't Cancer Moonshot project
South Korean cancer molecular diagnostics company Gencurix Inc. announced on Monday that it joins US President Joe Biden's cance...
Jul 31, 2023 (Gmt+09:00)
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BatteriesSKC, Toyota Tsusho tie up for N.America battery materials
SKC Ltd., a South Korean chemicals maker, has joined hands with the trading unit of Japanese top automaker Toyota Group for the ...
Jul 31, 2023 (Gmt+09:00)
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Bio & PharmaHanmi Pharm to develop obesity drug customized for S.Korean
South Korea's Hanmi Pharmaceutical Co. plans to develop the GLP-1 class "Epeglenatide," which it received as a technology return...
Jul 31, 2023 (Gmt+09:00)
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ElectronicsSamsung TV Plus to feature free FIFA+ channel content
Samsung Electronics Co. said on Monday that it will offer the FIFA+ channel's content for free on Samsung TV Plus, expandi...
Jul 31, 2023 (Gmt+09:00)
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BatteriesBattery recycling firms aim for 90% lithium recovery rates
A growing number of South Korean companies – from battery materials makers to power facilities builders – are jumpin...
Jul 31, 2023 (Gmt+09:00)
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FashionDior opens 2023 FW pop-up store in Galleria
South Korea’s Galleria Department Store has opened the first domestic Dior FW (fall/winter) collection pop-up store.The co...
Jul 31, 2023 (Gmt+09:00)
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AutomobilesKG Mobility to launch electric SUV Torres EVX in September
South Korea's KG Mobility Corp., formerly Ssangyong Motor, announced on Monday that it has confirmed the release of the electrif...
Jul 31, 2023 (Gmt+09:00)
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Business & PoliticsSome 100 foreign housekeepers to enter S.Korea in 2023
About 100 Philippine housekeepers will come to work in South Korea this year under a pilot public project to raise the birth rat...
Jul 31, 2023 (Gmt+09:00)
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BatteriesDoosan secures $392 mn in cumulative PFC orders
South Korea's Doosan Corp. announced on Monday that it has accumulated 500 billion won ($392 million) in orders for its patterne...
Jul 31, 2023 (Gmt+09:00)
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Bio & PharmaBertis Pan-omics Analysis Solution, Systems (PASS) launched in US
Bertis, a company specializing in the development of proteomics-based precision medicine technology , announced on Monday the la...
Jul 31, 2023 (Gmt+09:00)
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AutomobilesHyundai, Kia firm up ranking as world's 3rd; first-half profits improve
South Korea’s top automaker Hyundai Motor Group solidified its position as the world’s third-largest carmaker with i...
Jul 31, 2023 (Gmt+09:00)
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Food & BeverageCJ CheilJedang divests Chinese subsidiary Jixiangju for $235 mn
South Korean food giant CJ CheilJedang Corp. announced on Monday that it has completely sold its ownership stake in its Chinese ...
Jul 31, 2023 (Gmt+09:00)
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Corporate strategyS.Korea's top four accounting firms to cut hiring 30%
South Korea's top four accounting firms -- Samil PwC, Samjong KPMG, Deloitte Anjin and EY Hanyoung -- are expected to cut hiring...
Jul 31, 2023 (Gmt+09:00)
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Leadership & ManagementS.Korea's HD Hyundai chairman: We can’t rely on bad profits
Kwon Oh-gap, chairman and co-CEO of South Korea's HD Hyundai Co., has ordered his company not to rely on “bad profits&rdqu...
Jul 31, 2023 (Gmt+09:00)